Crescent Beach, Surrey - August 2026 Real Estate Report

Crescent Beach Real Estate: Your Home Is Worth More Than the City Thinks

If you own property in Crescent Beach and you have not looked at your HonestDoor Price lately, you are leaving real money on the table. The city's assessment says one thing. The actual market says something else entirely - and the gap is significant.

The Vibe: What Is Actually Happening in Our Neighbourhood

Crescent Beach is one of Surrey's pricier pockets, and the numbers back that up. The market is taking a breather right now, but this place still commands a premium. Here is how houses and condos are stacking up for us right now.

Houses: Still a Top-Tier Asset

• Average HonestDoor Price: $2,015,493
• Average Assessed Value: $1,821,208 - that is a $194,285 gap the city is not telling you about
• Average Sale Price (2026): $1,192,000
• Price Per Square Foot: $678
• Properties Sold in 2026: 5 houses, with 15 total transactions across the neighbourhood
• Estimated Monthly Rent: $6,734
• Airbnb Potential: $334 per night
• Airbnb Rank in Surrey: 9th - we are near the top for short-term rental income
• Price Rank in Surrey: 13th out of 45 - solidly above average
• Growth Rank in Surrey: 41st out of 45 - yes, growth is slow right now

The honest truth on houses: values have dipped 0.54% recently, and the year-over-year neighbourhood growth is down 0.06%. That puts us near the bottom of Surrey's growth leaderboard at 41st out of 45 neighbourhoods. But here is the thing - when your average home is worth over $2 million, a small percentage dip is very different from what that same dip looks like in a $700,000 neighbourhood. The predicted market value of $2,024,975 is actually ticking up slightly against the 3-month moving average of $2,023,785, so the floor feels stable.

Condos: A Smaller Market, But Worth Watching

• Average HonestDoor Price: $878,778
• Average Assessed Value: $875,321 - a much tighter gap than houses
• Average Sale Price (2026): $575,000
• Price Per Square Foot: $551
• Properties Sold in 2026: 1 condo transaction recorded
• Estimated Monthly Rent: $3,755
• Airbnb Potential: $186 per night
• Average Assessed Value Rank in Surrey: 1st - condos here are the highest assessed in all of Surrey
• Price Rank in Surrey: 7th out of 27 - well above average
• Growth Rank in Surrey: 33rd out of 44 - below average, but showing a small positive year-over-year gain of 0.03%

The condo side of Crescent Beach is a thin market - only 118 properties assessed and very few sales. The HonestDoor Price has pulled back 2.55% recently, and the predicted value of $901,801 is sliding slightly below the 3-month moving average of $908,198. That said, condo values here still beat nearby Sunshine Hills ($792,164) by a meaningful margin. If you own a condo here, you are sitting on one of the highest-assessed units in Surrey.

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment

Here is the problem with the city's assessed value: it is a snapshot from the past. It does not update in real time, and it does not care what the market did last month. For Crescent Beach house owners, the city is currently undervaluing your home by over 10%. That is not a rounding error - that is $194,285 sitting in your walls that the assessment is not counting.

The HonestDoor Price is a live, real-world check on what your property is actually worth today. It pulls from current sales data, market trends, and comparable properties - not a once-a-year government calculation. If you are making any financial decision tied to your home - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the number you should be looking at first.

For condo owners, the gap between assessed value and HonestDoor Price is smaller, but you still hold the top-ranked assessed condo in Surrey. That is a strong position, and knowing your real-time value keeps you ahead of the conversation.

The So What: Thinking About Selling This Summer?

If you are weighing a summer sale in Crescent Beach, here is the straight talk.

• Growth is slow - 41st out of 45 for houses on Surrey's neighbourhood leaderboard. The market is not running hot right now.
• But price rank is strong - 13th out of 45. Buyers still pay a premium to live here. That does not disappear in a slow market.
• Transaction volume is low - 5 house sales and 1 condo sale so far in 2026. Less competition from other sellers, but also fewer active buyers. Pricing it right matters more than ever.
• Your rental and Airbnb numbers are a selling point. A house that can pull $6,734 a month in rent or $334 a night on Airbnb is not just a home - it is an income argument for the right buyer.
• The HonestDoor Price gives you leverage. Walking into a listing conversation knowing your home is worth $2,015,493 - not the $1,821,208 on the assessment - means you are not underselling yourself before the first showing.

Bottom line: Crescent Beach is not the fastest-growing spot in Surrey right now, but it is one of the most valuable. If you are selling, price with confidence and use real data. If you are staying, check your HonestDoor Price - because the city's number is not the whole story.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.